Bids for Bhushan Power & Steel Ltd (BPSL) may top Rs 21,000 crore as JSW Steel, Tata Steel and Liberty House of the UK are all set to make an aggressive pitch to acquire the company under the bankruptcy process.

Eastern India is likely to garner a substantial part of the Rs 70,000-crore investments expected to be made by the winners of the ninth round of city gas distribution bidding. The government is partially funding the construction of the pipeline to boost gas consumption in the region.

India plans to set up an LNG terminal in Myanmar as part of New Delhi’s energy diplomacy strategy.The terminal to import super-cooled natural gas will be in addition to similar facilities planned by Indian companies in Bangladesh and Sri Lanka as part of a larger plan of energy connectivity in South Asia.